Saturday, September 22, 2012

Reuters: iPhone 5 Shows Apple's New Leader is Just Right

Posted By on Sat, Sep 22, 2012 at 9:47 AM

The iPhone 5 hit stores Friday, and Reuters reports that Steve Jobs' replacement at CEO, Tim Cook, may have just been behind one of the smoothest product rollouts the iPhone has had. Reuters published a report on Cook's changes in the company, saying:

"Indeed, one might say that practical, low-flash, but high-impact actions are emerging as the Cook trademark. He has introduced a dividend to pay out part of the more than $100 billion cash stockpile, raised salaries for a rabidly loyal but low-paid workforce in the Apple stories, and sped up product rollouts.

"Cook is topping Jobs' sales record: IPhone 5 preorders hit 2 million in 24 hours, twice the level of the 4S, and analysts expect a smaller iPad mini in October."

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